Have Americans Reached Subscription Saturation?
When Netflix (NASDAQ: NFLX) reported earnings last week, it reverberated through a significant slice of the investing world. Investors have been looking for signs of a recession. And they saw the company's subscriber miss as a potential canary in the coal mine.
As earnings season gets into full swing, we're about to hear from other companies whose business model relies on subscribers. Wall Street isn't waiting. Shares of Disney (NYSE: DIS), Amazon, and AT&T (NYSE: T) spinoff Warner Bros. Discovery -- home to HBO and HBO Max -- are down sharply. But are Americans really ready to trim their monthly bills, or is the recent scare a buying opportunity? A few charts can help answer the question.
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Source Fool.com
